Two blocks from home, there is a house for sale since 4-5 months. 7 bedrooms, 7 bathrooms, just a small thing, really. Newly constructed, it had been put on the market at $5M. Yes, yes, five million dollars. Well, it makes me feel better, they've failed to sell it so far. It *only* costs 4 million and a half now. Times are tough.PS FYI, the median home price (50% of homes cost more, 50% cost less) in Palo Alto is $1.6M nowadays.